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Asia-Pacific - Meat - Market Analysis, Forecast, Size, Trends and Insights
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Asia-Pacific: Meat Market Overview 2020

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Meat Market Size in Asia-Pacific

For the fifth consecutive year, the Asia-Pacific meat market recorded growth in sales value, which increased by X% to $X in 2019. The total consumption indicated a resilient increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, the market attained the peak level in 2019 and is expected to retain growth in the near future.

Meat Production in Asia-Pacific

In value terms, meat production expanded notably to $X in 2019 estimated in export prices. Overall, production saw a strong expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. The level of production peaked in 2019 and is likely to continue growth in years to come.

China (X tonnes) constituted the country with the largest volume of meat production, comprising approx. X% of total volume. Moreover, meat production in China exceeded the figures recorded by the second-largest producer, Viet Nam (X tonnes), more than tenfold. India (X tonnes) ranked third in terms of total production with a X% share.

In China, meat production increased at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Viet Nam (+X% per year) and India (+X% per year).

The average meat yield was estimated at X kg per head in 2019, stabilizing at 2018 figures. Over the period under review, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the meat yield reached the peak level at X kg per head in 2009; however, from 2010 to 2019, the yield stood at a somewhat lower figure.

The global number of animals slaughtered for meat production amounted to X heads in 2019, increasing by X% on the previous year's figure. This number increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The level of producing animals peaked in 2019 and is likely to continue growth in years to come.

Production By Country in Asia-Pacific

The country with the largest volume of meat production was China (X tonnes), accounting for X% of total volume. Moreover, meat production in China exceeded the figures recorded by the second-largest producer, Viet Nam (X tonnes), more than tenfold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

In China, meat production increased at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Viet Nam (+X% per year) and India (+X% per year).

Meat Exports

Exports in Asia-Pacific

In 2019, after four years of decline, there was growth in overseas shipments of meat, when their volume increased by X% to X tonnes. Total exports indicated a noticeable increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. The volume of export peaked at X tonnes in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

In value terms, meat exports reached $X in 2019. Total exports indicated a resilient increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, Australia (X tonnes), distantly followed by India (X tonnes), New Zealand (X tonnes) and China, Hong Kong SAR (X tonnes) represented the major exporters of meat, together comprising X% of total exports. Pakistan (X tonnes) held a relatively small share of total exports.

From 2007 to 2019, the biggest increases were in China, Hong Kong SAR, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest meat supplying countries in Asia-Pacific were Australia ($X), New Zealand ($X) and India ($X), with a combined X% share of total exports. These countries were followed by China, Hong Kong SAR and Pakistan, which together accounted for a further X terms of the main exporting countries, China, Hong Kong SAR saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The meat export price in Asia-Pacific stood at $X per tonne in 2019, remaining constant against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Over the period under review, export prices reached the peak figure in 2019 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was New Zealand ($X per tonne), while China, Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Meat Imports

Imports in Asia-Pacific

In 2019, the amount of meat imported in Asia-Pacific was estimated at X tonnes, remaining stable against 2018 figures. In general, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2019 and are likely to see gradual growth in years to come.

In value terms, meat imports reached $X in 2019. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2019 and are likely to see gradual growth in the near future.

Imports by Country

China (X tonnes) and Japan (X tonnes) represented roughly X% of total imports of meat in 2019. South Korea (X tonnes) ranks next in terms of the total imports with a X% share, followed by Viet Nam (X%) and China, Hong Kong SAR (X%). The following importers - Taiwan, Chinese (X tonnes) and the Philippines (X tonnes) - each amounted to a X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest meat importing markets in Asia-Pacific were Japan ($X), China ($X) and South Korea ($X), with a combined X% share of total imports. These countries were followed by China, Hong Kong SAR, Viet Nam, Taiwan, Chinese and the Philippines, which together accounted for a further X the main importing countries, Viet Nam saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The meat import price in Asia-Pacific stood at $X per tonne in 2019, leveling off at the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the import price increased by X% y-o-y. The level of import peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Taiwan, Chinese ($X per tonne), while the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Philippines, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for meat in Asia-Pacific?
+
China (71M tonnes) remains the largest meat consuming country in Asia-Pacific, comprising approx. 70% of total volume. Moreover, meat consumption in China exceeded the figures recorded by the second-largest consumer, Viet Nam (5.2M tonnes), more than tenfold. The third position in this ranking was occupied by Japan (3.6M tonnes), with a 3.5% share.
What are the largest producers of meat in Asia-Pacific?
+
China (68M tonnes) remains the largest meat producing country in Asia-Pacific, comprising approx. 70% of total volume. Moreover, meat production in China exceeded the figures recorded by the second-largest producer, Viet Nam (4.4M tonnes), more than tenfold. India (3.8M tonnes) ranked third in terms of total production with a 4% share.
What are the leading suppliers of meat in Asia-Pacific?
+
In value terms, the largest meat supplying countries in Asia-Pacific were Australia ($9.8B), New Zealand ($5.1B) and India ($3.2B), together accounting for 91% of total exports. China, Hong Kong SAR and Pakistan lagged somewhat behind, together comprising a further 4.7%.
What are the leading importers of meat in Asia-Pacific?
+
In value terms, Japan ($8.4B), China ($8.4B) and South Korea ($4.7B) were the countries with the highest levels of imports in 2019, with a combined 67% share of total imports. These countries were followed by China, Hong Kong SAR, Viet Nam, Taiwan, Chinese and the Philippines, which together accounted for a further 22%.
What is the average export price for meat in Asia-Pacific?
+
In 2019, the meat export price in Asia-Pacific amounted to $4,831 per tonne, standing approx. at the previous year.
What is the average import price for meat in Asia-Pacific?
+
In 2019, the meat import price in Asia-Pacific amounted to $3,857 per tonne, flattening at the previous year.

Product coverage:
• FCL 1108 - Meat of asses
• FCL 947 - Buffalo meat
• FCL 1127 - Meat of camels
• FCL 867 - Meat of cattle
• FCL 870 - Meat of cattle, boneless
• FCL 1017 - Goat meat
• FCL 1097 - Horse meat
• FCL 1111 - Meat of mules
• FCL 1158 - Meat of other domestic camelids
• FCL 1151 - Meat of other domestic rodents
• FCL 1035 - Pig meat
• FCL 1141 - Rabbit meat
• FCL 977 - Meat of sheep

This report provides an in-depth analysis of the meat market in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan, Chinese
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Producing Animals, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Producing Animals, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Producing Animals, By Country, 2019
Figure 24:
Producing Animals, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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